Shares in Natixis slumped in early trading today after a report suggested that the bank's rights issue, which shareholders will vote on this week, may be priced at a discount of up to 40% despite concerns about the dilution of minority shareholders.
Shares in Natixis, one of the banks worst affected by the credit crisis in Europe, fell by 5.5% today to stand at â¬5.65 at 13:10 CEST today, after French newspaper La Tribune reported that the discount may be 40% â or even be higher â to ensure the success of the offer, citing an unnamed source.
